Post Tagged 'Wage'

Taking their cue from Seattle, cities and states are implementing minimum wage increases all over the country. Late last year, voters in Washington approved an increase in the statewide minimum wage that will raise it to $13.50 Continue Reading...

Progressives are known for making blanket denunciations of “corporate greed” with little distinction or discernment, rushing to support a range of regulations, price controls, and market manipulations to mitigate the supposed vices of free and open exchange. Continue Reading...

As protests for a $15-per-hour minimum wage continue to rage across the country, cities like Seattle and states like California and New York have already begun to adopt such schemes. Continue Reading...

Note: This is post #14 in a weekly video series on basic microeconomics.
What’s the difference between a wage subsidy and a minimum wage? What is the cost of a wage subsidy to taxpayers? Continue Reading...

This past week, one of the rising political figures in the Democratic Party, Mayor Peter Buttigieg of South Bend, Indiana penned an op-ed for the South Bend Tribune arguing that raising the minimum wage is “the right thing to do.” Continue Reading...

Fueled by a mix of misguided cultural pressures and misaligned government incentives, college tuition has been rising for decades, outpacing general inflation by a wide margin. Yet despite the underlying problems, our politicians seem increasingly inclined to cement the status quo. Continue Reading...

Since 1938, when President Franklin Delano Roosevelt introduced the first federal minimum wage in the U.S., a debate has raged about whether wage floors help or hurt workers. But thanks to a radical economic experiment in California, we may be only a few years away from having a definitive answer. Continue Reading...

“The twin tracks of work and wage do not meet, and cannot be scientifically related. They are bridged by morality, not by mathematics.” -Lester DeKoster
Low-wage workers continue to picket and protest around the country, demanding an increased minimum wage, improved access to benefits, and better working conditions. Continue Reading...

Robert Reich seems to be a smart man. He served under three presidents, and now is Chancellor’s Professor of Public Policy at the Goldman School of Public Policy at the University of California, Berkeley. Continue Reading...

I recently gave a hearty cheer for bringing back childhood chores, which are shockingly absent in a majority of today’s homes. The same appears to be the case with summer work for teenagers, which is increasingly avoided due to sports activities, cushy internships, video games, clubs and camps, and, in many cases, a lack of employment prospects altogether. Continue Reading...